It Is Necessary to Ration a Good Whenever ________ Exists

question 83

Multiple Choice

It is necessary to ration a good whenever ________ exists.

• A) excess demand
• B) excess supply
• C) a surplus
• D) market equilibrium

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Definitions:

Displacement

The process of being removed or replaced from a position or location, often due to external factors or decisions.

Depression

A mental health disorder characterized by persistently low mood and a lack of interest in activities, often accompanied by various physiological symptoms.

Presenteeism

The act of attending work despite being ill, which can lead to reduced productivity and the potential spread of disease.

Job Demands

Aspects of a job that require sustained physical and/or psychological effort or skills and hence are associated with certain physiological and/or psychological costs.